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Source document· April 18, 2026

The Nasdaq Just Did Something It Hasn't Done Since 2020, and Here's What Could Happen Next

View original at nasdaq.com
The Nasdaq Just Did Something It Hasn't Done Since 2020, and Here's What Could Happen Next Key Points The stock market recently declined on the back of soaring oil prices, triggered by the conflict between the U.S…
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  • The knock-on effects will result in less revenue for suppliers of data center chips and networking components like Nvidia, Advanced Micro Devices, Broadcom, and Micron Technology

    60% confidence
  • The Nasdaq-100 technology index was already slipping prior to the war, as concerns mounted about the sustainability of the artificial intelligence (AI) spending boom

    60% confidence
  • The stock market recently declined on the back of soaring oil prices, triggered by the conflict between the U.S. and Iran

    60% confidence
  • Investors might have already priced in a slowdown

    60% confidence
  • The index recently logged the largest 13-day gain since 2020, but the potential risks surrounding the AI industry haven't subsided

    60% confidence
  • The 10 best stocks for investors to buy now could produce monster returns in the coming years

    60% confidence
  • Time in the market always beats timing the market, so waiting on the sidelines for a better opportunity will often result in missed gains instead

    60% confidence
  • History suggests the Nasdaq-100 will continue to rise over the long-term

    60% confidence
  • If OpenAI and other top developers plan to spend less money on development, then Oracle and Microsoft will have to pull back on their infrastructure spending

    60% confidence

Data points we hold from this source

OpenAI · capital expenditure previous estimate1400 USD
OpenAI · capital expenditure target600 USD
Ce que nous savons · l'intelligence derrière cette page
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Ce que nous observons
The Agentic Takeover of the CFO's Office
Enterprise finance software vendors—BlackLine, OneStream, Numero AI, and Oracle—are racing to embed autonomous AI agents into core financial operations (close, consolidation, reporting), backed by consolidation M&A (Numero-Royu, BlackLine-WiseLayer), fresh leadership hires, and survey data showing nearly a quarter of CFOs plan to boost AI spending over 50%. Adoption momentum is strong even as at least one bellwether (Oracle) sees its stock lag year-to-date, suggesting the market hasn't yet fully priced in the shift from AI-as-feature to AI-as-agent in finance.
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Signaux que nous suivons
Satellite-Terrestrial Network Integration Acceleration
Increased investment and launches in hybrid satellite-cellular networks across telecom industry; competitive responses from other carriers; regulatory activity around satellite spectrum; expansion of emergency/rural connectivity use cases
Tendances que nous surveillons ›
Là où les sources divergent
Morgan Stanley & Co. LLC
Two significantly different EPS values (10.21 vs 2.68 USD_per_share) are reported for Morgan Stanley on the same observation date (2025-12-31). Fact A specifies FY 2025, while Fact B's 'N/A' fiscal period is ambiguous. If both represent FY 2025 annual EPS, these values directly conflict. The magnitude of the difference (3.8x) is too large to attribute to rounding or minor calculation variations. The missing fiscal period in Fact B raises data quality concerns, but same-date observation + same attribute should reference the same period.
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